News Releases

Date Title
4/28/1999  Eaton declares quarterly dividend
4/15/1999  Eaton earns $84 million on sales of $1.66 billion
4/13/1999  Eaton Corporation names Howard M. Selland senior vice president and group executive-Aeroquip
4/01/1999  Eaton completes acquisition of Aeroquip-Vickers, Inc.
3/25/1999  Eaton to sell Engineered Fasteners and Fluid Power Divisions
3/10/1999  Eaton Corporation acquisition of Aeroquip-Vickers clears U.S. Government waiting period
2/23/1999  Eaton promotes Whitaker to new position
2/22/1999  Eaton names new vice president--Hydraulics Operations
2/15/1999  Eaton truck unit receives major contracts
2/12/1999  Eaton names vice president for Growth Initiatives
2/01/1999  Eaton to acquire Aeroquip-Vickers for $1.7 billion
1/27/1999  Eaton declares quarterly dividend
1/20/1999  Eaton earns $91 million before restructuring charge, on sales of $1.61 billion
12/11/1998  Eaton acquires Brazilian automotive controls manufacturer
10/28/1998  Eaton declares quarterly dividend
10/13/1998  Eaton earns $85 million before restructuring charge, on sales of $1.62 billion
9/29/1998  Eaton to take charge of $50 million to restructure Semiconductor Equipment Operations
9/23/1998  Pitney Bowes chairman elected to Eaton board
9/14/1998  Eaton realigns senior operating responsibilities in supplier resource management, automotive and hydraulics operations
9/02/1998  Eaton to expand supercharger plant in Athens, Georgia
9/01/1998  Eaton Corporation lowers 1998 expectations for semiconductor equipment segment
8/03/1998  Eaton acquires European cylinder head company
7/28/1998  Eaton Acquires Integrated Partial Discharge Diagnostics, Inc..
7/22/1998  Eaton declares quarterly dividend
7/14/1998  Eaton earns $114 million on sales of $1.71 billion
7/02/1998  Eaton wins patent infringement lawsuit filed against Rockwell and Meritor
6/25/1998  Eaton forms joint venture in China to manufacture viscous fan drives for the automotive market
6/24/1998  Eaton Corporation release on 1998 earnings expectations
6/09/1998  Eaton to buy truck transmission company in Poland
5/16/1998  Eaton to move European headquarters
4/22/1998  Eaton declares quarterly dividend
4/15/1998  Eaton reports record first quarter earnings per share
4/06/1998  Eaton expands in China: New automotive joint venture; new hydraulics business and four Cutler-Hammer branch offices
4/02/1998  Eaton to change business segment reporting
4/01/1998  Eaton concludes sale of Suspension Division to Oxford Automotive, Inc.
3/13/1998  Eaton sells suspension business to Oxford Automotive, Inc.
2/17/1998  Eaton purchases Ann Arbor-based G.T. Products, Inc.
2/03/1998  Eaton Corporation to close Manufacturing Technologies Center
1/30/1998  Eaton completes stock repurchase
1/28/1998  Eaton declares quarterly dividend
1/20/1998  Eaton reports record sales and earnings for fourth quarter and full year
1/12/1998  Eaton creates Cutler-Hammer Engineering Services and Systems business
1/05/1998  Eaton concludes sale of axle and brake business to Dana Corporation
12/22/1997  Eaton Corporation purchases Swiss firm Rheodata S.A.
12/09/1997  Eaton invests $92 million in its semiconductor equipment business
12/03/1997  Eaton Corporation reorganizes Truck Components Worldwide business
12/01/1997  Eaton calls for redemption of outstanding 7 percent debentures
12/01/1997  Eaton completes sale of appliance controls business to Siebe PLC
11/20/1997  Eaton forms holding company for China
10/22/1997  Eaton declares quarterly dividend
10/14/1997  Cleveland Institute of Art students win $2,900 in scholarships from Eaton Corporation; company donates $5,000 to Institute
10/13/1997  Eaton reports record sales and earnings before one-time charge
10/09/1997  Eaton names Wathen senior vice president of Cutler-Hammer business; Becherer to retire
10/09/1997  Eaton Corporation announces $85 million non-cash charge related to recently completed Fusion Systems Corporation acquisition
10/06/1997  Eaton announces electrical equipment joint venture in Argentina
10/03/1997  Eaton awards bright ideas
10/01/1997  Eaton sells AIL subsidiary to employee stock ownership plan
9/24/1997  Eaton board authorizes stock repurchase
9/23/1997  Eaton Corporation signs definitive agreement to sell appliance controls business to Siebe
9/10/1997  Eaton builds new plant in Gdansk, Poland
9/04/1997  Eaton, JC Corporation form joint venture in Korea to manufacture automotive controls
9/02/1997  Eaton concludes purchase of Dana clutch business
8/11/1997  Eaton to manufacture truck transmissions in China
8/04/1997  Eaton Acquires Over 95 Percent of Fusion Systems Shares in Tender Offer
8/01/1997  Eaton Purchases Tycor International Corporation
8/01/1997  Eaton declares quarterly dividend
7/14/1997  Eaton reports record sales, earnings and earnings per share for the second quarter and first half of 1997
7/09/1997  Eaton reaches definitive agreements with Dana Corporation to purchase clutch business, sell axle and brake operations
6/30/1997  Eaton Corporation and Fusion Systems Corporation Reach Definitive Agreement on Merger
6/19/1997  Eaton Corporation contributes $4.2 million in 1996 to 250 non-profit organizations
6/18/1997  Eaton announces new business ventures in China and Poland
5/06/1997  Eaton Corporation to open automotive components assembly plant in Korea
4/25/1997  Eaton Board of Directors elects Adrian T. Dillon Executive Vice President--Chief Financial and Planning Officer
4/23/1997  Eaton shareholders elect Lautenbach to Board
4/23/1997  Eaton raises dividend 10 percent
4/14/1997  Eaton earns $101 million on sales of $1.79 billion
3/03/1997  Eaton vice president announces retirement
1/29/1997  Eaton selects Glasgow, Scotland as location of European Shared Finance Services Center
1/22/1997  Eaton declares quarterly dividend
1/15/1997  Eaton Acquires Lighting Technology Business
1/15/1997  Eaton earns $66 million on quarterly sales of $1.72 billion
10/23/1996  Eaton declares quarterly dividend
10/23/1996  Eaton Board elects Parmenter Vice President and Treasurer
10/14/1996  Eaton earns $85 million on sales of $1.72 billion
9/11/1996  Eaton appoints David Chen president of company's China operations
8/26/1996  Eaton announces Shareholder Direct Information Line
7/30/1996  Eaton to begin manufacturing semiconductor equipment in South Korea
7/24/1996  Eaton declares quarterly dividend
7/15/1996  Eaton earns $103 million on sales of $1.78 billion
7/03/1996  Eaton names vice president for Latin America
6/19/1996  Eaton purchases South African truck components busines
5/28/1996  Eaton acquires semiconductor equipment company
5/01/1996  Mikelonis elected vice president--taxes
4/18/1996  Eaton earns $95 million on sales of $1.74 billion
4/18/1996  Eaton Corporation completes merger for CAPCO Automotive Products
4/16/1996  Eaton/CAPCO transaction receives early termination of Hart-Scott-Rodino Act
4/16/1996  Eaton Corporation completes tender offer for CAPCO Automotive Products
4/10/1996  Eaton signs China joint venture agreement
3/27/1996  Eaton Corporation and CAPCO Automotive Products Reach Agreement on Merger
3/21/1996  Eaton realigns Corporate Affairs function
3/18/1996  Eaton Corporation announces tender offer for CAPCO
3/14/1996  Eaton Corporation begins litigation against CAPCO in Michigan federal court
3/13/1996  Eaton Corporation proposes to acquire CAPCO for $11 per share
1/22/1996  Eaton announces eighth consecutive quarter of record sales, earnings and earnings per share
12/12/1995  Eaton Board Elects Hardis Chairman
12/12/1995  Eaton Names Senior Vice President--Semiconductor and Specialty Systems
10/25/1995  Eaton Signs Letter of Intent to Purchase Hartmann Electrical Manufacturing
10/24/1995  Eaton Declares Quarterly Dividend


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